MIRCELECTRNSEMIRC Electronics Limited· Consumer DurablesHighNegative
Announced Thu, 11 Dec, 2025 · 18:01 IST

Audit Committee views on Statutory Auditor resignation

Auditor Resigned MidtermManagement Changes View source PDFExplain this filing

MIRCELECTR · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close
+2.1%Reaction day
₹24.33
prior close
₹24.49
announcement price
After-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used+0.3%+1.9% vs market

On the reaction day the stock moved 1.9 pts more than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark
Stock
5m
-0.4
10m
-0.4
15m
+0.8
30m
+0.3
Sessions after the filingfrom the prior close
StockMarketvs market
Reaction day
+2.1+0.3+1.9
Next day
-2.3+0.8-3.1
2d
-3.7+0.1-3.8
3d
+5.7-0.8+6.5
4d
+1.5-1.1+2.6
5d
+2.8+0.2+2.6
1w
+4.0+1.6+2.4
15d
+30.3+2.5+27.8
1m
+30.9-2.7+33.6
2m
+30.3-0.3+30.6
3m
+2.7-8.9+11.7
UpDownMarket · Nifty Microcap 250Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

MIRC Electronics informed exchanges that its Audit Committee reviewed the resignation of statutory auditors M/s. ASA and Associates LLP, who resigned on November 14, 2025. The committee noted no pending disputes with the auditors, confirmed the resignation does not affect the integrity of the company's financial statements, and said management has committed to address operational and administrative gaps. The company stated it remains in compliance with all applicable regulatory requirements.

Likely market impact

Auditor exit before term end can raise governance concerns, but committee found no disputes or impact on financials, which is reassuring for shareholders.